Strengthening Transport Corridors to Reduce Logistics Costs

TLDR

• He says improving transport infrastructure, streamlining customs procedures and strengthening logistics networks would reduce the cost of doing business while facilitating the movement of goods and people.
• Strengthening transport corridors connecting ports, production centres and regional markets will reduce logistics costs and stimulate trade.” Beyond boosting bilateral trade, improved transport networks would also.
• He identifies transport and logistics, agriculture, agro-processing, energy, education, science and technology as key areas where closer collaboration could deliver significant benefits to both economies.
• Better infrastructure would lower logistics costs, facilitate the movement of goods and improve the competitiveness of businesses operating across the border.
• Transport and logistics remain a major priority,” he says.